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Side-by-side financial comparison of Climb Global Solutions, Inc. (CLMB) and HELIX ENERGY SOLUTIONS GROUP INC (HLX). Click either name above to swap in a different company.

HELIX ENERGY SOLUTIONS GROUP INC is the larger business by last-quarter revenue ($287.9M vs $182.4M, roughly 1.6× Climb Global Solutions, Inc.). Climb Global Solutions, Inc. runs the higher net margin — 1.8% vs -4.7%, a 6.5% gap on every dollar of revenue. On growth, Climb Global Solutions, Inc. posted the faster year-over-year revenue change (32.1% vs -13.8%). Over the past eight quarters, Climb Global Solutions, Inc.'s revenue compounded faster (40.7% CAGR vs -11.2%).

Univar Solutions Inc. is a global chemical and ingredients distributor and provider of value-added services.

Helix Energy Solutions Inc., known as Cal Dive International prior to 2006, is an American oil and gas services company headquartered in Houston, Texas. The company is a global provider of offshore services in well intervention and ROV operations of new and existing oil and gas fields.

CLMB vs HLX — Head-to-Head

Bigger by revenue
HLX
HLX
1.6× larger
HLX
$287.9M
$182.4M
CLMB
Growing faster (revenue YoY)
CLMB
CLMB
+45.9% gap
CLMB
32.1%
-13.8%
HLX
Higher net margin
CLMB
CLMB
6.5% more per $
CLMB
1.8%
-4.7%
HLX
Faster 2-yr revenue CAGR
CLMB
CLMB
Annualised
CLMB
40.7%
-11.2%
HLX

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
CLMB
CLMB
HLX
HLX
Revenue
$182.4M
$287.9M
Net Profit
$3.3M
$-13.4M
Gross Margin
14.5%
3.1%
Operating Margin
2.1%
Net Margin
1.8%
-4.7%
Revenue YoY
32.1%
-13.8%
Net Profit YoY
-9.5%
-536.4%
EPS (diluted)
$0.18
$-0.09

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CLMB
CLMB
HLX
HLX
Q1 26
$182.4M
$287.9M
Q4 25
$193.8M
$334.2M
Q3 25
$161.3M
$377.0M
Q2 25
$159.3M
$302.3M
Q1 25
$138.0M
$278.1M
Q4 24
$161.8M
$355.1M
Q3 24
$119.3M
$342.4M
Q2 24
$92.1M
$364.8M
Net Profit
CLMB
CLMB
HLX
HLX
Q1 26
$3.3M
$-13.4M
Q4 25
$7.0M
$8.3M
Q3 25
$4.7M
$22.1M
Q2 25
$6.0M
$-2.6M
Q1 25
$3.7M
$3.1M
Q4 24
$7.0M
$20.1M
Q3 24
$5.5M
$29.5M
Q2 24
$3.4M
$32.3M
Gross Margin
CLMB
CLMB
HLX
HLX
Q1 26
14.5%
3.1%
Q4 25
15.4%
15.2%
Q3 25
15.9%
17.5%
Q2 25
16.5%
4.9%
Q1 25
16.9%
9.9%
Q4 24
19.3%
16.6%
Q3 24
20.3%
19.2%
Q2 24
20.2%
20.7%
Operating Margin
CLMB
CLMB
HLX
HLX
Q1 26
2.1%
Q4 25
4.9%
3.7%
Q3 25
4.3%
12.7%
Q2 25
5.0%
-1.0%
Q1 25
3.5%
2.9%
Q4 24
7.2%
8.7%
Q3 24
7.1%
13.0%
Q2 24
4.6%
14.6%
Net Margin
CLMB
CLMB
HLX
HLX
Q1 26
1.8%
-4.7%
Q4 25
3.6%
2.5%
Q3 25
2.9%
5.9%
Q2 25
3.7%
-0.9%
Q1 25
2.7%
1.1%
Q4 24
4.3%
5.7%
Q3 24
4.6%
8.6%
Q2 24
3.7%
8.9%
EPS (diluted)
CLMB
CLMB
HLX
HLX
Q1 26
$0.18
$-0.09
Q4 25
$1.51
$0.06
Q3 25
$1.02
$0.15
Q2 25
$1.30
$-0.02
Q1 25
$0.81
$0.02
Q4 24
$1.52
$0.13
Q3 24
$1.19
$0.19
Q2 24
$0.75
$0.21

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CLMB
CLMB
HLX
HLX
Cash + ST InvestmentsLiquidity on hand
$41.8M
$501.3M
Total DebtLower is stronger
$303.8M
Stockholders' EquityBook value
$118.4M
$1.6B
Total Assets
$458.8M
$2.6B
Debt / EquityLower = less leverage
0.20×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CLMB
CLMB
HLX
HLX
Q1 26
$41.8M
$501.3M
Q4 25
$36.6M
$445.2M
Q3 25
$49.8M
$338.0M
Q2 25
$28.6M
$319.7M
Q1 25
$32.5M
$370.0M
Q4 24
$29.8M
$368.0M
Q3 24
$22.1M
$324.1M
Q2 24
$48.4M
$275.1M
Total Debt
CLMB
CLMB
HLX
HLX
Q1 26
$303.8M
Q4 25
$308.0M
Q3 25
$307.5M
Q2 25
$311.6M
Q1 25
$311.1M
Q4 24
$315.2M
Q3 24
$314.7M
Q2 24
$318.6M
Stockholders' Equity
CLMB
CLMB
HLX
HLX
Q1 26
$118.4M
$1.6B
Q4 25
$116.6M
$1.6B
Q3 25
$109.3M
$1.6B
Q2 25
$105.2M
$1.6B
Q1 25
$95.6M
$1.5B
Q4 24
$90.6M
$1.5B
Q3 24
$87.7M
$1.6B
Q2 24
$79.8M
$1.5B
Total Assets
CLMB
CLMB
HLX
HLX
Q1 26
$458.8M
$2.6B
Q4 25
$460.2M
$2.6B
Q3 25
$376.1M
$2.6B
Q2 25
$420.7M
$2.7B
Q1 25
$370.1M
$2.6B
Q4 24
$469.2M
$2.6B
Q3 24
$371.9M
$2.7B
Q2 24
$302.8M
$2.6B
Debt / Equity
CLMB
CLMB
HLX
HLX
Q1 26
0.20×
Q4 25
0.19×
Q3 25
0.20×
Q2 25
0.20×
Q1 25
0.20×
Q4 24
0.21×
Q3 24
0.20×
Q2 24
0.21×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CLMB
CLMB
HLX
HLX
Operating Cash FlowLast quarter
$61.8M
Free Cash FlowOCF − Capex
$59.0M
FCF MarginFCF / Revenue
20.5%
Capex IntensityCapex / Revenue
1.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$167.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CLMB
CLMB
HLX
HLX
Q1 26
$61.8M
Q4 25
$-11.9M
$113.2M
Q3 25
$22.2M
$24.3M
Q2 25
$-2.2M
$-17.1M
Q1 25
$8.5M
$16.4M
Q4 24
$16.0M
$78.0M
Q3 24
$-3.6M
$55.7M
Q2 24
$7.3M
$-12.2M
Free Cash Flow
CLMB
CLMB
HLX
HLX
Q1 26
$59.0M
Q4 25
$107.5M
Q3 25
$22.6M
Q2 25
$-21.6M
Q1 25
$12.0M
Q4 24
$65.5M
Q3 24
$52.5M
Q2 24
$-16.2M
FCF Margin
CLMB
CLMB
HLX
HLX
Q1 26
20.5%
Q4 25
32.2%
Q3 25
6.0%
Q2 25
-7.1%
Q1 25
4.3%
Q4 24
18.4%
Q3 24
15.3%
Q2 24
-4.4%
Capex Intensity
CLMB
CLMB
HLX
HLX
Q1 26
1.0%
Q4 25
1.7%
Q3 25
0.4%
Q2 25
1.5%
Q1 25
1.6%
Q4 24
3.5%
Q3 24
0.9%
Q2 24
1.1%
Cash Conversion
CLMB
CLMB
HLX
HLX
Q1 26
Q4 25
-1.70×
13.68×
Q3 25
4.73×
1.10×
Q2 25
-0.37×
Q1 25
2.30×
5.35×
Q4 24
2.29×
3.88×
Q3 24
-0.66×
1.89×
Q2 24
2.13×
-0.38×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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